Filing Flows › Cummins (CMI) › Operating margin
Cummins (CMI) operating margin by quarter
Cummins' operating margin was 15.3% in Q3 2026 (third quarter 2026), +1.8 pts from Q2 2026. Over the last 7 quarters it ranged from 9.5% (Q4 2025) to 15.3% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 15.3% | +1.8 pts | +5.1 pts |
| Q2 2026 | 13.5% | +2.2 pts | -0.7 pts |
| Q1 2026 | 11.3% | +1.8 pts | -2.6 pts |
| Q4 2025 | 9.5% | -0.7 pts | — |
| Q3 2025 | 10.2% | -3.9 pts | — |
| Q2 2025 | 14.2% | +0.3 pts | — |
| Q1 2025 | 13.9% | — | — |
Q3 2026 at a glance
Cummins, Q3 2026: revenue $9.4B (+14% year over year), operating margin 15.3%, net earnings $1.1B, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
Questions
What is Cummins' operating margin?
Cummins' operating margin was 15.3% in Q3 2026 (third quarter 2026), +1.8 pts from Q2 2026.
How has Cummins' operating margin changed?
Over the last 7 quarters it ranged from 9.5% (Q4 2025) to 15.3% (Q3 2026).